The Cost of Doing Nothing: Don’t Wait to Innovate Your FinCrime Ops

Did you know that nearly six out of 10 U.S. and Canadian firms say they need more skilled compliance professionals to address their lack of FinCrime operations scale? But hiring additional staff in this area is neither a realistic nor cost-effective plan.   

That’s according to the LexisNexis® Risk Solutions study, The True Cost of Financial Crime Compliance, which also states that 87% of respondents say that more compliance regulations have increased workload volumes over the past 12 months.  

How do you strengthen, modernize and streamline your existing AML/FinCrime program?  

Join Art Mueller, VP – Financial Crimes at WorkFusion, as he explains why the time to innovate is now. He’ll also discuss how to break the never-ending churn cycle of recruiting, hiring and training employees only to end up short-staffed and buried under a mountain of backlogged alerts. 

In this webinar, you’ll learn: 

• Why regulators are encouraging innovation in AML compliance programs 
• The true cost of doing nothing and continuing with the current churn model 
• How leading banks are cutting costs and improving their compliance operations with an innovative approach to expanding team capacity